This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
1-bedroom, 1-bathroom apartment of 51 m², built in 1993, energy rating D. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment includes a functional kitchen equipped with modern appliances, and its location near Praia da Rocha provides exceptional rental potential for tourists. Additional Context: With great access to local nightlife and amenities, its desirability is further enhanced by the quality of nearby dining options.
The valuation. The asking price of €267,000 sits €170,182 above the fair value of €96,818, indicating that the property is overpriced by 63.7% based on current market analysis.
Fair value modelled at €96,818 from the area baseline, adjusted for condition and location. Asking €267,000 sits €170,182 (63.7%) above — overpriced versus fair value.
Asking €267,000 versus the Portimão, Portimão, Faro area baseline of €164,526 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 75 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 80 · Economic 55 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €164,526 + condition +€1,195 + location +€8,056 = modelled fair value of €96,818 (€1,898/m²), a €170,182 (63.7%) gap versus the €267,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · b7c181 | Subject | €267,000 | €5,235 | — | 75 | 73 |
| rua Cabo da Boa Esperança | Active | €237,000 | €4,740 | 9.5% | 75 | 72 |
| avenida das Comunidades Lusíadas | Active | €395,000 | €5,643 | 7.8% | 76 | 77 |
| avenida das Comunidades Lusíadas | Active | €369,000 | €4,146 | 20.8% | 75 | 73 |
| Alvor · ba3dfa | Active | €229,900 | €3,537 | 32.4% | 68 | 67 |
| Median comp | €303,000 | €4,443 | 15.1% | 75 | 73 |
Short-term vacation rental The property is overpriced at €267,000, with a fair value of only €96,818, indicating a significant gap of 63.7%. While it is situated in a tourist-heavy area of the Algarve, the high asking price limits the potential for a profitable investment in the short-term rental market. Buy-and-hold With a gross yield of only 3.5% and an asking price considerably above fair value, this property does not present a compelling opportunity for long-term hold strategies. While the local economy benefits from seasonal tourism, the excessive valuation constrains returns for buy-and-hold investors. Family rental Even considering the reasonably good condition score of 77/100 and a decent neighborhood rating of 73/100, the property remains overpriced at €267,000. This steep price hinders its viability as a family rental, making it less attractive compared to alternatives that offer better value for money.
Economic vulnerability The economic stability score of 55/100 indicates a potential for instability that could affect rental income and property value. The tenant stability score of 70/100 suggests decent tenant retention, but the low economic score raises concerns about future sustainability.
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